The organization shows Beta (market volatility) of 0.0 which denotes to the fact that the returns on MARKET and Davy Defensive are completely uncorrelated. Although it is extremely important to respect Davy Defensive Equity
historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By reviewing Davy Defensive Equity technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Davy Defensive Equity Relative Risk vs. Return Landscape
If you would invest 0.00
in Davy Defensive Equity Income C EUR on September 19, 2018
and sell it today you would earn a total of 0.00
from holding Davy Defensive Equity Income C EUR or generate 0.0%
return on investment over 30
days. Davy Defensive Equity Income C EUR is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than Davy Defensive Equity Income C EUR and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Davy Defensive Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average Davy Defensive is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Davy Defensive
by adding it to a well-diversified
Risk-Adjusted Fund Performance
Over the last 30 days Davy Defensive Equity Income C EUR has generated negative risk-adjusted returns adding no value to fund investors.
|Davy Defensive is not yet fully synchronised with the market data|
|Davy Defensive has some characteristics of a very speculative penny stock|